Banc of California Appoints New Chief Accounting Officer

Banc of California ( (BANC) ) has issued an update.

On March 4, 2025, Banc of California announced the appointment of Karen Hon as Chief Accounting Officer. Hon, with over 20 years of experience in finance and accounting, previously held the same position at SVB and has extensive expertise in accounting, system integrations, and process improvements. Her appointment is expected to drive operational excellence and enhance processes, systems, and technology across the bank. She replaces Jeff Krumpoch, who is retiring after 23 years of service.

More about Banc of California

Banc of California, Inc. is a bank holding company with over $33 billion in assets, serving as the parent company of Banc of California. It is recognized as one of the nation’s leading relationship-based business banks, offering a wide range of banking and treasury management services to small, middle-market, and venture-backed businesses. The bank operates 80 full-service branches across California, Denver, and Durham, and provides payment processing solutions through its subsidiary, Deepstack Technologies. It is committed to community engagement through the Banc of California Charitable Foundation.

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Current Market Cap: $2.51B

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